AGREEMENT AND PLAN OF MERGER among TRANSCAT, INC. BECNEL RENTAL TOOLS, LLC BECNEL RENTAL TOOLS, LLC JASON M. BECNEL and MARK L. BECNELAgreement and Plan of Merger • May 28th, 2024 • Transcat Inc • Instruments for meas & testing of electricity & elec signals • New York
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”) is made and entered into as of April 15, 2024, by and among TRANSCAT, INC., an Ohio corporation (“Parent”), BECNEL RENTAL TOOLS, LLC, a Delaware limited liability company (“Merger Sub”), BECNEL RENTAL TOOLS, LLC, a Louisiana limited liability company (the “Company”), and JASON M. BECNEL and MARK L. BECNEL (each, individually, a “Member” and, collectively, “Members”). Parent, Merger Sub, the Company and each Member is referred to herein as a “Party” and together as the “Parties”.
TRANSCAT, INC. REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • May 28th, 2024 • Transcat Inc • Instruments for meas & testing of electricity & elec signals • New York
THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made as of April 15, 2024 (the “Effective Date”), by and among TRANSCAT, INC., an Ohio corporation (the “Company”), JASON M. BECNEL and MARK L. BECNEL (each, individually, a “Member” and, collectively, the “Members”), and CRAIG J. BECNEL, JAKE B. BECNEL, TODD A BROWN, RICHARD E. HAWTHORNE, and COSTA J. THERIOT (each, individually, a “Bonus Recipient” and, collectively, the “Bonus Recipients”). The Members and the Bonus Recipients are referred to herein, individually, as a “Holder” and, collectively, as the “Holders”.
